Fund Governance
Sole purpose test needs overhaul
Clarity is needed around the sole purpose test for super funds which want guidance on how not to break the rules.
Elizabeth FryMarch 14, 2019
Fund Governance
Fund Governance
Samuel: Cultural change must come from the top
Executives should be paid properly for the job they are expected to do, and rewarded for an outstanding job, says former chair of the antitrust regulator, Graeme Samuel.
Elizabeth FryMarch 14, 2019
Fund Governance
Ian Silk: “No cause for triumphalism”
The fact that industry funds emerged largely unscathed from the Royal Commission process is “no cause for triumphalism”, says Ian Silk, chief executive of AustralianSuper
Amanda WhiteMarch 13, 2019
Fund Governance
AustralianSuper won’t be dragged into political debate
Australian Super chair Heather Ridout says the fund's active engagement with companies is a better approach than being an activist investor.
Elizabeth FryMarch 4, 2019
Fund Governance
ASIC’s Shipton puts super trustees on notice
As the banks and AMP brace for the arrival of embedded inspectors, the regulator’s chairman says super funds can expect similar scrutiny.
Alice UribeOctober 20, 2018
Fund Governance
Two regulators are enough – perhaps more than enough
Outrage has spread about APRA’s apparent lack of action against underperforming funds but that doesn’t mean a new regulator is a good idea.
Andrew MainAugust 8, 2018
Fund Governance
RG 97 disclosures too complicated, review finds
A review of the disclosure regime for super funds determines that it doesn’t provide consumers with good tools for comparisons.
Ben HurleyJuly 27, 2018
Fund Governance
Lessons for all in APRA report on CBA’s culture
Following APRA's report of CBA misconduct, institutional investors must be wary of the cultural shortcomings of companies they invest in.
Jean-Paul PelosiMay 15, 2018
Fund Governance
Give consumers and regulators a good look at fees and costs
Extend the product dashboard regime to Choice products and set standalone APRA rules for reporting on fees, the AIST's Ailsa Goodwin argues.
Ailsa GoodwinFebruary 6, 2018
Fund Governance
ASIC still listening on RG 97
As the review of the new regime on disclosing fees and costs continues, the regulator remains keenly interested in stakeholder engagement.
Jane EcclestonJanuary 29, 2018
